Headlines about BorgWarner (NYSE:BWA) have been trending somewhat positive this week, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BorgWarner earned a news sentiment score of 0.05 on Alpha One’s scale. Alpha One also gave headlines about the auto parts company an impact score of 80 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected AlphaOne’s analysis:
- Blog Coverage Allison Transmission Holdings and China National Heavy Duty Truck Group Explore Strategic Partnership (finance.yahoo.com)
- Somewhat Positive News Coverage Very Likely to Affect BorgWarner (BWA) Stock Price (americanbankingnews.com)
- BorgWarner Inc. (BWA) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- BorgWarner Inc. (BWA) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- BorgWarner : Showcases Large Electrification Portfolio at Auto Shanghai 2017 (4-traders.com)
A number of research analysts have weighed in on the company. Evercore ISI lowered BorgWarner from a “buy” rating to a “hold” rating and increased their price target for the stock from $38.00 to $42.00 in a research note on Wednesday, January 4th. They noted that the move was a valuation call. Morgan Stanley reduced their price target on BorgWarner from $36.00 to $34.00 and set an “underweight” rating on the stock in a research note on Thursday, January 26th. Jefferies Group LLC upped their price objective on BorgWarner from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, January 30th. Barclays PLC upped their price objective on BorgWarner from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Friday, February 10th. Finally, Zacks Investment Research upgraded BorgWarner from a “sell” rating to a “hold” rating in a report on Tuesday, March 7th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $40.00.
Shares of BorgWarner (NYSE:BWA) traded down 1.22% during trading on Friday, hitting $39.61. 780,106 shares of the stock traded hands. The firm has a 50 day moving average price of $40.87 and a 200-day moving average price of $38.97. The company has a market cap of $8.42 billion, a PE ratio of 72.02 and a beta of 1.64. BorgWarner has a one year low of $27.52 and a one year high of $44.24.
BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Thursday, February 9th. The auto parts company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. BorgWarner had a net margin of 1.31% and a return on equity of 19.21%. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period last year, the company posted $0.75 EPS. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. Analysts anticipate that BorgWarner will post $3.41 earnings per share for the current fiscal year.
In related news, Director Alexis P. Michas sold 10,000 shares of BorgWarner stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $42.68, for a total transaction of $426,800.00. Following the sale, the director now directly owns 82,778 shares in the company, valued at approximately $3,532,965.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.65% of the stock is owned by company insiders.
BorgWarner Company Profile
BorgWarner Inc is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company’s segments include Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains.
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